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Jul 11, 2012
Amazon’s Newest Victim: hhgregg
Appliances and electronics retailer hhgregg slashed its guidance thanks to poor TV and audio equipment sales. Jul 11, 2012
Cummins Stalls; Full-Year Outlook Slashed
Engine maker Cummins is cutting its full-year outlook in light of lower-than-expected demand. We touch on recent guidance cuts and the health of the economy. Jul 10, 2012
AMD Warns On Revenue, We Like Intel Instead
Chipmaker AMD pre-announced poor results for its second-quarter revenue. We suspect earnings will also be poor, but we still like Intel. Jul 10, 2012
Patriot Coal’s Bankruptcy Aftermath Hurts James River Coal
Weak demand and oversupply in the coal industry are severely impairing coal companies' profitability. In the wake of Patriot Coal's bankruptcy, investors are now concerned that James River Coal could be next. We dig into some of the names in the coal industry. Jul 10, 2012
Alcoa Beats Estimates But We Don’t Like the Stock
Aluminum giant Alcoa reported better than expected results. We think shares are fairly valued. Jul 10, 2012
Facebook May Start a Job Board To Compete With LinkedIn
Rumors are swirling that Facebook will create a job board to compete with LinkedIn and Monster. We don't think such a move makes a lot of sense for the social networking giant. Jul 9, 2012
Ashford University is Denied Accreditation; We’d Continue to Stay Away From Bridgepoint
For-profit education provider Bridgepoint saw one of its schools, Ashford University, denied accreditation. We'd continue to steer clear of Bridgepoint and other for-profit education firms. Jul 9, 2012
WellPoint Bets on Medicare and Medicaid
Health benefits company WellPoint will acquire managed care provider Amerigroup, as the company positions itself to take advantage of Medicare and Medicaid expansion. Jul 9, 2012
Thompson Reuters’ Acquisition of FX Alliance Points to Growing Interest in Alternative Investments
Investment data provider Thompson Reuters acquired FX Alliance as currencies and precious metals become more popular with institutional investors. Jul 9, 2012
Best Buy Slashes 2,400 Jobs
Big box electronics retailer Best Buy announced that it will lay off 2,400 employees. We still aren't excited about the company.
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